Group Proxy definition
Group Proxy has the meaning assigned to such term in Section 3.2 hereof.
Examples of Group Proxy in a sentence
LT or MT shall promptly notify the Group in writing after each use of the Group Proxy, such notice to include the matters with respect to which the Group Proxy was voted (including action taken by consent), and whether such vote or consent was affirmative or negative.
Article II hereof shall become effective upon consummation of the closing under the Stock Purchase Agreement and the delivery of the Group Proxy to LT and MT pursuant to Section 3.2 hereof.
At the Closing, the Group shall deliver to LT and MT a fully executed and notarized irrevocable proxy in the form of Annex A hereto (the "Group Proxy").